How Many MGY Shares for $500 or $1,000 a Month?
At $0.72 a share a year, $500 a month takes about 8,334 MGY shares, about $195,599 at the Nov 11, 2026 close of $23.47. $1,000 a month takes about 16,667 shares, about $391,174. Before taxes, and only while the rate holds.
Magnolia Oil & Gas (MGY) pays $0.18 a share quarterly, $0.72 a year, a 3.07% run-rate yield at the Nov 11, 2026 close of $23.47. It has paid since 2021 and raised its annual dividend 2 years in a row.
At today’s rate of $0.18 quarterly and the last close of $23.47, this is what MGY pays before taxes, if the rate stays where it is:
| You hold | Each payment | Per month (avg) | Per year |
|---|---|---|---|
| 1 share | $0.18 | $0.06 | $0.72 |
| 100 shares | $18.00 | $6.00 | $72.00 |
| $10,000 invested (426.1 shares) | $76.69 | $25.56 | $306.77 |
| 8,334 shares ($500/mo) | $1,500.12 | $500.04 | $6,000.48 |
| 16,667 shares ($1,000/mo) | $3,000.06 | $1,000.02 | $12,000.24 |
With DRIP on, every payment buys more shares instead of landing as cash. 100 MGY shares reinvest into 0.77 new shares each payment, about 3.1 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 131 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with MGY’s own history in the MGY DRIP calculator.
- Coverage (EPS): are profits enough to pay the dividend rating
- Coverage (FCF): is spare cash enough to pay the dividend rating
- Dividend vs cash flow + debt: is the dividend paid with borrowed money report
- Debt load: how much the balance sheet leans on borrowing rating
- Debt interest coverage: can profits easily pay the interest bill rating
- Earnings direction: are sales and profits growing or shrinking report
- Liquidity: is there cash for debts due this year rating
- Raise streak: how many years in a row it raised see details
- Years without a cut: how long since the last dividend cut see details
- Raise vs trend: are recent raises keeping their usual pace history
- Yield vs history: is today’s yield high or low versus its past rating
- Recession record: what the dividend did in past crashes history
- Crash record: what the dividend did in the 2008 crash history
MGY Dividend Yield Today vs Its 5-Year Range
- MGY yields 3.07% today, at the Nov 11, 2026 close of $23.47.
- Its own 5-year median is 2.10%, so today’s yield is well above its usual level.
Where today ranks in its own history is in the paid report
How it works. Each month-end over the last 5 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.
When Is MGY’s Next Dividend? Ex-Date and Pay Date After August 2026
MGY has not declared its next dividend yet. By its usual gap of about 91 days the next ex-date was due around Nov 9, 2026, and it is not on file yet: it may be late, or still to be announced. The latest one, $0.18 a share, went ex on Aug 10, 2026 and paid Aug 12, 2026.
- Ex-dates: about every 91 days (quarterly)
- Payment: usually about 2 days after the ex-date
- Next earnings report: Feb 4, 2027
Every payer going ex-dividend this week is on the dividend calendar.
How Often Does MGY Pay?
MGY pays quarterly, 4 times a year. Recent payments arrived in Feb, May, Aug and Nov, with ex-dates in Feb, May, Aug and Nov. The ex-date comes about every 91 days, and the cash usually lands about 2 days later.
- Streak: 2 years of higher annual totals (through 2025)
- Last raise: Aug 10, 2026 - $0.165 to $0.18 (+$0.015, +9.09%)
- Usual $ step: $0.015 (median of the raises before it)
- EPS payout: 29.6% - $0.66 paid / $2.23 EPS (4 quarters to Sep 30, 2026); own 4-yr norm 23.5% (median of 12 earlier trailing years)
- FCF payout: 20.5% - $0.66 paid / $3.22 free cash flow per share (4 quarters to Sep 30, 2026); own 4-yr norm 30.6% (median of 12 earlier trailing years)
MGY vs Similar Dividend Stocks (PAGP, MUR...)
Against the 10 dividend-paying Energy companies closest to MGY in market value, MGY’s 3.07% run-rate yield is close to the group’s middle yield of 3.14%, and its raise streak of 2 years is the 5th longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.
| Ticker | Dividend ⓘ | Yield | Safety Rating | Recessions ⓘ | No cut ⓘ |
|---|---|---|---|---|---|
| MGY $23.47Magnolia Oil & Gas | $0.18/qtr$0.72/yr fwd | 3.07% | Dividend Safety Rating: paid plans only | — | 3+ yrsraised 2 yrs in a row |
| PAGP $25.51Plains GP Holdings LP | $0.4175/qtr$1.67/yr fwd | 6.55% | Dividend Safety Rating: paid plans only | Cut in 20202020 cut2022 raisedno 2000/2008 record | 5 yrsraised 4 yrs in a row |
| MUR $34.73Murphy Oil | $0.35/qtr$1.40/yr fwd | 4.03% | Dividend Safety Rating: paid plans only | Cut in 20202000 raised2008 raised2020 cut2022 raised | 5 yrsraised 4 yrs in a row |
| AROC $27.88Archrock | $0.23/qtr$0.92/yr fwd | 3.30% | Dividend Safety Rating: paid plans only | No cut in both2020 held2022 raisedno 2000/2008 record | 9 yrsraised 3 yrs in a row |
| WFRD $84.31Weatherford International | $0.275/qtr$1.10/yr fwd | 1.30% | Dividend Safety Rating: paid plans only | — | —no raise streak |
| DLKGF $25.50Delek Group | $0.4611/qtr$1.84/yr fwd | 7.23% | Dividend Safety Rating: paid plans only | — | 3+ yrsno raise streak |
| MTDR $50.35Matador Resources | $0.375/qtr$1.50/yr fwd | 2.98% | Dividend Safety Rating: paid plans only | — | 4+ yrsraised 4+ yrs in a row |
| HCC $85.45Warrior Met Coal | $0.08/qtr$0.32/yr fwd | 0.37% | Dividend Safety Rating: paid plans only | — | 8+ yrsno raise streak |
| NOV $17.70NOV | $0.09/qtr$0.36/yr fwd | 2.03% | Dividend Safety Rating: paid plans only | Stopped in 20202020 stopped2022 heldno 2000/2008 record | 3+ yrsraised 2 yrs in a row |
| GLNG $43.50Golar LNG Limited | $0.25/qtr$1.00/yr fwd | 2.30% | Dividend Safety Rating: paid plans only | — | 3 yrsno raise streak |
| KGS $42.26Kodiak Gas Services | $0.49/qtr$1.96/yr fwd | 4.64% | Dividend Safety Rating: paid plans only | — | 1+ yrraised 1 yr in a row |
Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: MGY vs PAGP, MGY vs MUR, MGY vs AROC.
MGY Dividend History: Every Payment Since 2021
| Ex-date | Pay date | Amount | Frequency | Type |
|---|---|---|---|---|
| Aug 10, 2026 | Aug 12, 2026 | $0.18 | Quarterly | Regular |
| May 12, 2026 | May 14, 2026 | $0.165 | Quarterly | Regular |
| Feb 10, 2026 | Feb 12, 2026 | $0.165 | Quarterly | Regular |
| Nov 10, 2025 | Nov 12, 2025 | $0.15 | Quarterly | Regular |
| Aug 11, 2025 | Aug 13, 2025 | $0.15 | Quarterly | Regular |
| May 12, 2025 | May 14, 2025 | $0.15 | Quarterly | Regular |
| Feb 14, 2025 | Feb 17, 2025 | $0.15 | Quarterly | Regular |
| Nov 8, 2024 | Nov 11, 2024 | $0.13 | Quarterly | Regular |
| Aug 9, 2024 | Aug 12, 2024 | $0.13 | Quarterly | Regular |
| May 10, 2024 | May 13, 2024 | $0.13 | Quarterly | Regular |
| Feb 15, 2024 | Feb 19, 2024 | $0.13 | Quarterly | Regular |
| Nov 8, 2023 | Nov 10, 2023 | $0.115 | Quarterly | Regular |
| Aug 9, 2023 | Aug 11, 2023 | $0.115 | Quarterly | Regular |
| May 10, 2023 | May 12, 2023 | $0.115 | Semi-annual | Regular |
| Feb 9, 2023 | Feb 13, 2023 | $0.115 | Semi-annual | Regular |
| Nov 4, 2022 | Dec 1, 2022 | $0.10 | Semi-annual | Regular |
| Aug 11, 2022 | Sep 1, 2022 | $0.10 | Semi-annual | Regular |
| Feb 11, 2022 | Mar 1, 2022 | $0.20 | Semi-annual | Regular |
| Aug 11, 2021 | Sep 1, 2021 | $0.08 | Quarterly | Regular |
What the Dividend Safety Rating Means for MGY
MGY Dividend Questions
How often does MGY pay dividends?
MGY pays quarterly, 4 times a year. Recent payments arrived in Feb, May, Aug and Nov, with ex-dates in Feb, May, Aug and Nov. The ex-date comes about every 91 days, and the cash usually lands about 2 days later.
Does MGY pay dividends monthly?
No. MGY pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.
When is the next MGY dividend?
MGY has not declared its next dividend yet. By its usual gap of about 91 days the next ex-date was due around Nov 9, 2026, and it is not on file yet: it may be late, or still to be announced. The latest one, $0.18 a share, went ex on Aug 10, 2026 and paid Aug 12, 2026. The current rate is $0.18 per share, $0.72 a year.
Did MGY pay a dividend in August 2026?
Yes: $0.18 a share, ex-date Aug 10, 2026, paid Aug 12, 2026. The next one is not on file yet.
How much does MGY pay per share?
MGY pays $0.18 a share quarterly, $0.72 a year. At the Nov 11, 2026 close of $23.47 that is a 3.07% run-rate yield, well above its usual level: its own 5-year median is 2.10%.
Has MGY raised its dividend?
Yes. MGY has raised its annual dividend 2 years in a row, through 2025. The latest raise, on Aug 10, 2026, took the rate from $0.165 to $0.18 (+9.09%). Over five years the dividend grew 15.6% a year.
Is MGY’s dividend safe?
No rating can promise a future payment, but the record on file says a lot. MGY paid out 30% of its earnings and 21% of its free cash flow as dividends over the 4 quarters to Sep 30, 2026. It has raised its dividend 2 years in a row and gone 3+ years without a cut. This is data, not investment advice. The full 12-check rating comes with a plan.
How do I track my MGY dividends?
Add MGY to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run MGY in the DRIP calculator.
